Budget

Finance Ministry prepares plan to prevent increase in deficit, fund defense, for next government

Some of the measures were planned in cooperation with the Bank of Israel. The next government will be responsible for implementing the policy.

Finance Minister Bezalel Smotrich attends a press conference at the Finance Ministry in Jerusalem, July 1, 2026.
Benjamin Netanyahu and Prof. Amir Yaron.

The Governor warns: 'Unrestrained defense budget will lead to an increase in deficit and inflation'

Prime Minister Benjamin Netanyahu meets with opposition head Yair Lapid, June 17, 2025

Lapid calls on Netanyahu to convene defense budget committee, release NIS 11b. to IDF

Avi Simhon.

On the way to an Israeli AI crisis: Avi Simhon’s unusual warning


Ankara raises defense spending by 229%, aiming to develop own technologies

The plan was announced during a presentation of Turkey’s new Medium-Term Program (MTP), which sets out the country’s economic roadmap for 2027-2029.

Turkey's servicemen stand at attention on a Turkish submarine as they participate in the live-fire phase of the "Blue Homeland-2026" (Mavi Vatan) tactical military exercises in the eastern Mediterranean Sea, in Antalya on April 9, 2026.

IDF warns budget delay will force reserve, intelligence cuts beginning in September

The IDF warns that delayed defense funding will force reserve and intelligence cuts, undermine preparations for Iran, and threaten US arms contracts beginning in September.

IDF soldiers in the West Bank.

High Court lifts freeze on NIS 78m. Religious Services funding, keeps broader freeze in place

The freeze stems from a petition challenging an August 4 Knesset Finance Committee meeting held during the election recess.

High Court Justice; illustrative.

High Court weighs petition against NIS 460m. coalition fund transfers during election recess

Petitioners challenged the Finance Committee’s authority to approve the funds during the election recess, while the Knesset and Finance Ministry argued that the proceedings were lawful.

Supreme Court Justice David Mintz on May 25, 2026.

Bank Hapoalim to open free financial education complex for children at Tel Aviv Port

The temporary “Junior City” complex will let children ages 5-13 earn simulated salaries, shop with a budget, and learn about financial decision-making through games and activities.

Renderings of the Poalim Junior City complex: Ilan Assouline. Bank Hapoalim campaign

Israel set to transfer one billion shekels to Defense Ministry for 'urgent, classified procurement'

The resolution calls for the procedure "in light of the state of emergency in which the State of Israel finds itself; given the urgent and immediate need to provide an operational response"

Defense Minister Israel Katz in a meeting with high-ranking IDF officials.

High Court freezes Finance Committee budget transfers over procedural flaws

Justice Alex Stein’s order blocks the implementation of all transfers approved during Tuesday’s session, except for funding designated for civilian emergency expenses.

The nine-member panel at the High Court of Justice looks on as the hearing opens in Jerusalem.

Knesset panel approves budget transfer of NIS 270 million to haredi education during recess

The committee approved a total of approximately NIS 1 billion in budget allocations for the Education Ministry, the Settlement and National Missions Ministry, and the Religious Services Ministry.

Finance Committee chair MK Hanoch Milwidsky leads a Finance committee meeting at the Knesset, the Israeli parliament in Jerusalem, August 4, 2026.

Public funds spent on Netanyahu's residences near NIS 2m. in 2025, new disclosure reveals

For the first time this year, the classification of private residences included the house on Gaza Street and additional private residences, as well as the additional residence in Caesarea.

Prime Minister Benjamin Netanyahu attends a Knesset vote, July 16, 2026.

Intel hits roadblock: State cancels massive NIS 1.3B grant for 2025

The promised Kiryat Gat investment spree faces reality: Following the freeze on factory expansion, the state halted 2025 funding, putting the 2026 grant in doubt as well.

Intel offices in Petah Tikva